Federal Reserve Bank of Chicago President Charles Evans said Tuesday he supports the central bank pressing forward with short-term rate rises - DJ

Market news

28 November 2018

Federal Reserve Bank of Chicago President Charles Evans said Tuesday he supports the central bank pressing forward with short-term rate rises - DJ

With the economy doing well and likely to turn in a growth performance above 3% this year, "it's time to get back toward something that's more normal" on the interest-rate front, he said. He added that in terms of achieving the Fed's inflation target, "we've gotten inflation back up to 2%. That's really something to be happy about because we spent a lot of time below 2%."

Options levels on wednesday, November 28, 2018

U.S treasury yields edged lower Tuesday after comments from Federal Reserve officials underlined divisions in the central bank over next year's interest-rate outlook amid slower global growth and equity-market weakness

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.